Albion concentrates on sites located in dynamic urban neighborhoods with strong employment opportunity and chic entertainment scenes. These projects typically require innovative architectural and construction techniques as well as extensive re-zoning requirements achieved through collaboration with the local neighborhood groups and municipalities.
Other criteria include:

• Land site with ability to build no less than 150 apartment units

Adaptive Reuse

The urban core of Midwestern cities has been subject to a thriving re-birth, resulting in ideal opportunities to restore underutilized 1900’s buildings to their former glory. Albion has utilized Federal Historic Tax Credits on numerous conversions and have the experience, knowledge and relationships to maximize otherwise overlooked opportunities that follow the below guidelines:

Albion focuses on targeting specific on-market and off-market assets for acquisition. Typical acquisition targets include assets in need of moderate to extensive capital expenditures, including interior unit and common area renovations, property repositioning and improvement in management and marketing efforts.